ELECTROVAYA INC (ELVA.CA) Stock Fundamental Analysis
TSX:ELVA - Toronto Stock Exchange - CA28617B6061 - Common Stock - Currency: CAD
Overall ELVA gets a fundamental rating of 4 out of 10. We evaluated ELVA against 14 industry peers in the Electrical Equipment industry. While ELVA is still in line with the averages on profitability rating, there are concerns on its financial health. ELVA scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year ELVA has reported negative net income.
ELVA had a positive operating cash flow in the past year.
ELVA had negative earnings in 4 of the past 5 years.
In the past 5 years ELVA reported 4 times negative operating cash flow.
1.2 Ratios
The Return On Assets of ELVA (-3.76%) is better than 84.62% of its industry peers.
With an excellent Return On Equity value of -17.30%, ELVA belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
ELVA's Return On Invested Capital of 4.82% is amongst the best of the industry. ELVA outperforms 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.76% | ||
| ROE | -17.3% | ||
| ROIC | 4.82% |
ROA(3y)-14.68%
ROA(5y)-16.77%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Operating Margin value of 4.41%, ELVA belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
ELVA has a Gross Margin of 30.68%. This is amongst the best in the industry. ELVA outperforms 84.62% of its industry peers.
ELVA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.41% | ||
| PM (TTM) | N/A | ||
| GM | 30.68% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.22%
GM growth 5Y-5.01%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELVA is destroying value.
The number of shares outstanding for ELVA has been increased compared to 1 year ago.
Compared to 5 years ago, ELVA has more shares outstanding
The debt/assets ratio for ELVA is higher compared to a year ago.
2.2 Solvency
ELVA has an Altman-Z score of -1.57. This is a bad value and indicates that ELVA is not financially healthy and even has some risk of bankruptcy.
ELVA's Altman-Z score of -1.57 is in line compared to the rest of the industry. ELVA outperforms 46.15% of its industry peers.
ELVA has a debt to FCF ratio of 22.75. This is a negative value and a sign of low solvency as ELVA would need 22.75 years to pay back of all of its debts.
ELVA has a Debt to FCF ratio of 22.75. This is amongst the best in the industry. ELVA outperforms 84.62% of its industry peers.
ELVA has a Debt/Equity ratio of 2.36. This is a high value indicating a heavy dependency on external financing.
ELVA's Debt to Equity ratio of 2.36 is on the low side compared to the rest of the industry. ELVA is outperformed by 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.36 | ||
| Debt/FCF | 22.75 | ||
| Altman-Z | -1.57 |
ROIC/WACC0.61
WACC7.86%
2.3 Liquidity
A Current Ratio of 1.03 indicates that ELVA should not have too much problems paying its short term obligations.
ELVA has a Current ratio of 1.03. This is in the lower half of the industry: ELVA underperforms 69.23% of its industry peers.
A Quick Ratio of 0.69 indicates that ELVA may have some problems paying its short term obligations.
ELVA's Quick ratio of 0.69 is on the low side compared to the rest of the industry. ELVA is outperformed by 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
ELVA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -300.00%.
Looking at the last year, ELVA shows a small growth in Revenue. The Revenue has grown by 1.26% in the last year.
ELVA shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 55.61% yearly.
EPS 1Y (TTM)-300%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)1.26%
Revenue growth 3Y56.77%
Revenue growth 5Y55.61%
Sales Q2Q%-7.62%
3.2 Future
Based on estimates for the next years, ELVA will show a very strong growth in Earnings Per Share. The EPS will grow by 104.77% on average per year.
The Revenue is expected to grow by 39.75% on average over the next years. This is a very strong growth
EPS Next Y474%
EPS Next 2Y290.64%
EPS Next 3Y156.93%
EPS Next 5Y104.77%
Revenue Next Year50.75%
Revenue Next 2Y54.79%
Revenue Next 3Y52.49%
Revenue Next 5Y39.75%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
ELVA reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 5.77, the valuation of ELVA can be described as very cheap.
92.31% of the companies in the same industry are more expensive than ELVA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ELVA to the average of the S&P500 Index (22.70), we can say ELVA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.77 |
4.2 Price Multiples
84.62% of the companies in the same industry are more expensive than ELVA, based on the Enterprise Value to EBITDA ratio.
84.62% of the companies in the same industry are more expensive than ELVA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 85.85 | ||
| EV/EBITDA | 25.17 |
4.3 Compensation for Growth
ELVA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ELVA's earnings are expected to grow with 156.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y290.64%
EPS Next 3Y156.93%
5. Dividend
5.1 Amount
No dividends for ELVA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ELVA (2/21/2025, 7:00:00 PM)
3.26
-0.07 (-2.1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners15.7%
Inst Owner ChangeN/A
Ins Owners39.66%
Ins Owner ChangeN/A
Market Cap111.26M
Analysts82
Price Target5.87 (80.06%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.8%
Min EPS beat(2)-119.61%
Max EPS beat(2)100%
EPS beat(4)2
Avg EPS beat(4)-23.28%
Min EPS beat(4)-173.52%
Max EPS beat(4)100%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-25.45%
Min Revenue beat(2)-45.33%
Max Revenue beat(2)-5.56%
Revenue beat(4)0
Avg Revenue beat(4)-22.46%
Min Revenue beat(4)-45.33%
Max Revenue beat(4)-2.89%
Revenue beat(8)1
Avg Revenue beat(8)-14.41%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)4.54%
PT rev (3m)15.16%
EPS NQ rev (1m)25.02%
EPS NQ rev (3m)-117.86%
EPS NY rev (1m)-48.44%
EPS NY rev (3m)-43.59%
Revenue NQ rev (1m)-2.21%
Revenue NQ rev (3m)-37.49%
Revenue NY rev (1m)-3.06%
Revenue NY rev (3m)-16.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.77 | ||
| P/S | 1.76 | ||
| P/FCF | 85.85 | ||
| P/OCF | 75.51 | ||
| P/B | 9.13 | ||
| P/tB | 9.13 | ||
| EV/EBITDA | 25.17 |
EPS(TTM)-0.06
EYN/A
EPS(NY)0.56
Fwd EY17.32%
FCF(TTM)0.04
FCFY1.16%
OCF(TTM)0.04
OCFY1.32%
SpS1.86
BVpS0.36
TBVpS0.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.76% | ||
| ROE | -17.3% | ||
| ROCE | 17.96% | ||
| ROIC | 4.82% | ||
| ROICexc | 4.95% | ||
| ROICexgc | 4.95% | ||
| OM | 4.41% | ||
| PM (TTM) | N/A | ||
| GM | 30.68% | ||
| FCFM | 2.05% |
ROA(3y)-14.68%
ROA(5y)-16.77%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.22%
GM growth 5Y-5.01%
F-Score6
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.36 | ||
| Debt/FCF | 22.75 | ||
| Debt/EBITDA | 6.39 | ||
| Cap/Depr | 10.34% | ||
| Cap/Sales | 0.28% | ||
| Interest Coverage | 0.88 | ||
| Cash Conversion | 32.68% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | -1.57 |
F-Score6
WACC7.86%
ROIC/WACC0.61
Cap/Depr(3y)26.17%
Cap/Depr(5y)54.51%
Cap/Sales(3y)0.56%
Cap/Sales(5y)1.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-300%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y474%
EPS Next 2Y290.64%
EPS Next 3Y156.93%
EPS Next 5Y104.77%
Revenue 1Y (TTM)1.26%
Revenue growth 3Y56.77%
Revenue growth 5Y55.61%
Sales Q2Q%-7.62%
Revenue Next Year50.75%
Revenue Next 2Y54.79%
Revenue Next 3Y52.49%
Revenue Next 5Y39.75%
EBIT growth 1Y140.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year383.42%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y115.91%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y119.83%
OCF growth 3YN/A
OCF growth 5YN/A